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Stock Report
Apollo Pipes Ltd. achieves 62nd Percentile in industry in S&P Global Corporate Sustainability Assessment 2023
Posted On : 2024-05-03 20:32:22( TIMEZONE : IST )
Apollo Pipes Limited (APL) stands at the 62nd percentile in the Building Products industry on ESG rankings in S&P Global Corporate Sustainability Assessment in its maiden participation. The results of the assessment came in the last week of March'24, where the company scored 28.
APL takes pride in their groundbreaking achievement of receiving its first-ever Environmental, Social, and Governance (ESG) rating, solidifying commitment to sustainable practices. This represents a comprehensive evaluation of APL's efforts to align its business strategies with global sustainability goals and demonstrates its proactive approach to addressing environmental challenges, fostering social inclusion, and upholding strong governance standards.
APL has long recognized the importance of sustainability and corporate responsibility in driving long-term value creation. From implementing innovative eco-friendly technologies to fostering a diverse and inclusive workplace culture, the company has embedded sustainability principles into its core business practices. As APL embarks on this transformative journey, it remains committed to sustainability performance and progress towards its goals.
The ESG score reflects the measures taken by APL to integrate ESG principles into the company's business strategies and operations. In the coming year, APL plans to continue in its ESG journey by calculating Scope 3 emissions from its operations, assess climate-related risks and opportunities in line with the recommendations set by the Taskforce for Climate-related Financial Disclosures (TCFD).
Shares of Apollo Pipes Limited was last trading in BSE at Rs. 656.40 as compared to the previous close of Rs. 655.20. The total number of shares traded during the day was 1348 in over 240 trades.
The stock hit an intraday high of Rs. 665.45 and intraday low of 653.00. The net turnover during the day was Rs. 888600.00.
